Bank of America Corporation BAC Resistance, pivot & Support Levels - 08/12/2011
Resistance levels: $7.92, $7.67, $7.46
Pivot point: $7.21
Support levels:$7.00, $6.75, $6.54
Bank of America Corp (BAC) is still trading $7.50 on but stock has support area is $6.BAC will now have resistance at $7.92 which is the 9 day moving average. Bank of America is new support area is $6 but this is low risk bank stock.This is my one top pick for 2011.
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